Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 741 - 750 of 2950 results for "August 2014"

ACCC gives IOOF go ahead

ANNABELLE DICKSON  |  TUESDAY, 15 DEC 2020
The Australian Competition and Consumer Commission (ACCC) has given its blessing for IOOF to acquire MLC Wealth as the combined firm will face competition in all aspects of wealth management. The consumer watchdog said it does not oppose IOOF's $1.4 ...

Industry fund names chief executive

JAMIE WILLIAMSON  |  MONDAY, 14 DEC 2020
The Meat Industry Employees' Superannuation Fund has appointed a former Link Group general manager and industry fund chief executive to its top job. MIESF has named Katherine Kaspar as its incoming chief executive, following the announcement that Bill ...

Government fund awards mandate

ELIZABETH MCARTHUR  |  MONDAY, 14 DEC 2020
A $31.2 billion government fund has selected a new manager for its ethical investment option. ESSSuper, the government fund for emergency services, has appointed Pendal as the sole investment manager for its Ethically Minded option, effective from 11 ...

Insurer names new chief executive

JAMIE WILLIAMSON  |  WEDNESDAY, 9 DEC 2020
A longstanding MLC Life executive has been appointed to lead Integrity Life, following the retirement of Chris Powell in March. Integrity Life has named Sean McCormack as its new chief executive, just months after he was promoted to the role of chief ...

Advice associations join forces

ANNABELLE DICKSON  |  WEDNESDAY, 9 DEC 2020
The Association of Independently Owned Financial Professionals (AIOFP) has formed a strategic alliance with Tax & Super Australia (TSA) in a bid to have a louder voice when lobbying for the industry. The alliance will have a membership base of 10,000 ...

Man GLG launches Asia strategy

ANNABELLE DICKSON  |  TUESDAY, 8 DEC 2020
Man Group's discretionary investment management engine, Man GLG, has launched an Asia (ex-Japan) equities strategy headed by its newest portfolio manager. Andrew Swan joined the group as head of Asia (ex-Japan) equities in August and will lead the high ...

Magnolia bids for real estate agency

KARREN VERGARA  |  MONDAY, 7 DEC 2020
Magnolia Capital has made a takeover bid for an ASX-listed real estate agent, which the latter claims the bid price is too low. Magnolia Equities III has put forth an off-market, cash takeover bid for The Agency Group (AU1). Magnolia is offering four ...

IOOF abandons AET sale

KANIKA SOOD  |  FRIDAY, 4 DEC 2020
IOOF yesterday said it won't be pursuing an offer to buy its retail trustee Australian Executor Trustee business. On August 31, IOOF said it had received an expression of interest for AET. "IOOF has considered the expression of interest and confirms ...

Chief economist update: Australia is out

BENJAMIN ONG  |  THURSDAY, 3 DEC 2020
Team Australia has done it! There are still some naysayers but using the internationally-accepted and widely-used measure of a recession - two consecutive quarters of negative GDP growth - Australia is technically out of it. The Australian Bureau of ...

Chief economist update: David Australia versus Goliath China

BENJAMIN ONG  |  WEDNESDAY, 2 DEC 2020
The Reserve Bank of Australia (RBA) kept monetary policy unchanged at its December board meeting - the last of 2020 - and for good reason. "In Australia, the economic recovery is under way and recent data have generally been better than expected... ...